Maybe you don't realize that this is charity.
The entire Nxt experience is horrible. People can't get their clients to sync, people lose wallets all the time and it is so common for the files to become corrupted. I'm not making this up, just head over to the Nxt threads. Go download the client and see if you can get anywhere.
Anyway, that's why the 1:50 Nxt to NEX exchange is reality plain and simple charity. Same kind of charity we are giving the VisaCoin victims. Nxt coin holders are actually victims not investors.
Charity. OK we are supposed to be on the donating end. Who will be on the receiving end? In the case of a charity this is an important question
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I'm holding some NXTs but I don't feel myself a victim. Am I missed something? BTW you have many valid points. I agree the NXT client is a crap, the distribution is quite unbalanced, but I don't see why your coin would be better.
- You admittedly planning to use the same codebase, so you will face the same technical issues.
- Where are the technical details,
where's the source code?- Proof of burn is a concept without a single line of real world code.
- Here in this topic you basically trying to do the same thing what the NXT guys did when they recruited their shareholders.
Edit:
OK. I found the (NXT) source code
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